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FIRST TRUST ENERGY INFRASTRUCTURE FUND - FIF STOCK NEWS

Welcome to our dedicated page for FIRST TRUST ENERGY INFRASTRUCTURE FUND news (Ticker: FIF), a resource for investors and traders seeking the latest updates and insights on FIRST TRUST ENERGY INFRASTRUCTURE FUND stock.

FIRST TRUST ENERGY INFRASTRUCTURE FUND (symbol: FIF) is a specialized investment fund under First Trust Advisors L.P., dedicated to energy infrastructure. Established in 1991, First Trust aims to provide superior investment products and advisory services. FIF focuses on investing in companies involved in the transportation, storage, and processing of energy resources. These companies play a critical role in the global supply chain, ensuring the seamless delivery of energy products.

The core business of FIF revolves around fostering growth and stability within the energy sector. The fund targets a diverse portfolio ranging from oil and natural gas infrastructure to renewable energy projects, aligning with market trends and future energy demands. FIF seeks to deliver consistent returns by investing in high-quality assets that offer robust cash flows.

Recent achievements of FIF include strategic acquisitions and partnerships that enhance its portfolio resilience. The fund has continually invested in emerging technologies and sustainable practices, adapting to the global shift towards cleaner energy. Financially, FIF maintains a strong position with a disciplined approach to risk management and re-balancing, ensuring long-term growth and stability for its investors.

FIF's commitment to providing innovative solutions and high-level service is evident in their approach. They prioritize transparency, educating investors on what they own and promoting a disciplined investment strategy. This ethos is supported by their mission to control taxes and optimize returns through re-balancing and long-term investment planning.

With a dedicated team working diligently to meet clients' needs, FIF stands out as a leader in the energy infrastructure sector. Their continuous effort to integrate original ideas and inventive products keeps them ahead of industry trends, providing clients with reliable and forward-thinking investment opportunities.

Rhea-AI Summary

First Trust Energy Infrastructure Fund (NYSE: FIF) has announced an increase in its monthly common share distribution to $0.0655 from $0.065. This distribution will be payable on March 15, 2023, to shareholders of record as of March 3, 2023, with the ex-dividend date set for March 2, 2023. The distribution rate based on the Fund's net asset value of $17.31 is 4.54%, while based on the closing market price of $15.00, it is 5.24%. The Fund operates under a managed distribution policy to provide continuous distributions reflecting its cash flow.

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Rhea-AI Summary

The First Trust Energy Infrastructure Fund (NYSE: FIF) has announced an increase in its monthly common share distribution to $0.065, up from $0.0645. This distribution is slated for payment on February 15, 2023, to shareholders on record as of February 2, 2023. The ex-dividend date is February 1, 2023. The new distribution represents a 4.49% yield based on the January 20, 2023 NAV of $17.37 and 5.25% based on a closing market price of $14.86. The Fund follows a managed distribution policy, which includes periodic distributions of long-term capital gains.

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Rhea-AI Summary

First Trust Energy Infrastructure Fund (NYSE: FIF) has announced an increase in its monthly common share distribution from $0.064 to $0.0645 per share. This distribution is payable on January 17, 2023, to shareholders of record as of January 4, 2023, with an ex-dividend date on January 3, 2023. The new distribution rate reflects a 0.78% increase from the previous amount, representing a 4.65% annual distribution rate based on NAV and 5.35% based on the closing market price as of December 19, 2022.

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The First Trust Energy Infrastructure Fund (NYSE: FIF) has announced an increase in its monthly common share distribution from $0.063 to $0.0635 per share. This distribution will be payable on November 15, 2022, with a record date of November 2, 2022, and an ex-dividend date of November 1, 2022. The fund's distribution rate based on its October 19, 2022 NAV of $16.10 is 4.73%, while based on the closing price of $13.77, it stands at 5.53%. The fund follows a managed distribution policy under which it may include long-term capital gains in its distributions.

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Rhea-AI Summary

The First Trust Energy Infrastructure Fund (NYSE: FIF) has raised its monthly common share distribution to $0.063 per share, up from $0.0625. This distribution will be paid on October 17, 2022, to shareholders on record as of October 4, 2022, with the ex-dividend date set for October 3, 2022. Based on the September 19, 2022 NAV of $17.76, the annual distribution rate stands at 4.26%, and at 4.94% based on the market price of $15.31.

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FAQ

What is the current stock price of FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF)?

The current stock price of FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF) is $18.1 as of May 3, 2024.

What is the market cap of FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF)?

The market cap of FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF) is approximately 283.6M.

What is FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF)?

FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF) is an investment fund focused on energy infrastructure, including transportation, storage, and processing of energy resources.

Who manages FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF)?

FIF is managed by First Trust Advisors L.P., a company dedicated to providing superior investment products and advisory services since 1991.

What types of investments does FIF focus on?

FIF invests in a diverse portfolio of energy infrastructure assets, including oil, natural gas, and renewable energy projects.

How does FIF ensure consistent returns?

FIF ensures consistent returns by investing in high-quality assets with robust cash flows and employing a disciplined risk management and re-balancing strategy.

What are some recent achievements of FIF?

FIF's recent achievements include strategic acquisitions and partnerships, continuous investment in emerging technologies, and adoption of sustainable practices.

How does FIF approach investment transparency?

FIF prioritizes transparency by educating investors on their holdings and promoting disciplined investment strategies.

How does FIF contribute to cleaner energy?

FIF contributes to cleaner energy by investing in renewable energy projects and integrating sustainable practices within its portfolio.

What principles guide FIF’s investment strategy?

FIF's strategy is guided by principles such as long-term investment, discipline, re-balancing, tax control, and transparency.

How does FIF maintain its financial stability?

FIF maintains financial stability through disciplined risk management, a diverse portfolio, and continuous portfolio re-balancing.

What distinguishes FIF from other energy infrastructure funds?

FIF is distinguished by its commitment to innovative solutions, high-level service, and forward-thinking investment opportunities in the energy sector.

FIRST TRUST ENERGY INFRASTRUCTURE FUND

NYSE:FIF

FIF Rankings

FIF Stock Data

283.56M
16.51M
36.63%
0.2%
Asset Management
Financial Services
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United States of America
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